The Uneployment Bullhorn on Bloomberg.

[WildspitzE]

Headline: "Initial Jobless Claims in U.S. Drop to 570,000 in Sign Recession Receding "

HAHAHAHA

http://www.bloomberg.com/apps/news?p...d=aO6T81ycefaQ

"Applications fell by 10,000 to 570,000, a higher level than forecast, in the week ended Aug. 22 from a revised 580,000 the week before, Labor Department data showed today in Washington. The total number of people collecting unemployment insurance fell to the lowest level since April. "

[jtabeb]

Re: The Uneployment Bullhorn on Bloomberg.

Headline: "Initial Jobless Claims in U.S. Drop to 570,000 in Sign Recession Receding "

HAHAHAHA

http://www.bloomberg.com/apps/news?p...d=aO6T81ycefaQ

"Applications fell by 10,000 to 570,000, a higher level than forecast, in the week ended Aug. 22 from a revised 580,000 the week before, Labor Department data showed today in Washington. The total number of people collecting unemployment insurance fell to the lowest level since April. "

First we had the "Jobless" recovery,

Now we get the

"Potemkin" Recovery

[media][/media]

[sunskyfan]

Re: The Uneployment Bullhorn on Bloomberg.

Wow. Good reference. My education for the day .

Better than the "Titanic" recovery (war).

[D-Mack]

Re: The Uneployment Bullhorn on Bloomberg.

made up ?

When at First You Don't Succeed ---- Make It Up


This morning the spokesmodels for Wall Street on Bloomberg Television were touting the 'better than expected' unemployment claims figures.

They came in at 'only 570,000.'

Wait a minute. That does not seem right. Have another cup of coffee and look up the figures.

The consensus of expectations was 565,000. The actual was 570,000. That's better?

Betty Liu went on to explain, 'they are better than expected because they fell from the week before.' The prior week's figures were revised from 576,000 to 580,000.

In her defense, she just says what they put in front of her. I wonder if the same can be said for Obama.

We're not in Kansas anymore.

http://jessescrossroadscafe.blogspot.com/